President Donald Trump signed an executive order on AI development on Thursday.Trump's AI and crypto czar, David Sacks, said the US wants to become the world's AI capital.Earlier this week, Trump announced Stargate,

A major payment pioneer embraces stablecoins, transforming cross-border transfers and reshaping the future of finance.

According to a consent order, PayPal discovered the problem after a security analyst on Dec. 6, 2022 read an online message.

PayPal Holdings Inc. will pay $2 million to settle claims that it mishandled an update to its tax-reporting protocols to comply with federal pandemic-era requirements and exposed customers’ Social Security numbers,

During the height of the COVID-19 pandemic, PayPal (NASDAQ: PYPL) was a monster stock. The price soared 256% in the 16 months leading up to the peak in July 2021. Unsurprisingly, rapid growth and adoption of its payments platform excited the investment community.

During the three-month period that ended Sept. 30, 2024, PayPal handled a whopping $423 billion in total payment volume. That figure was up 9% year over year and 136% higher than in the third quarter (Q3) of 2019. What's more, revenue in the past five years has climbed at a 12.4% annualized clip. PayPal is clearly still growing nicely.

PayPal Chief Product Officer John Kim has entered into a separation agreement with the company and plans to leave his position on March 31, according to a filing with Securities and Exchange Commission on Wednesday.

Analysts expect its revenue and GAAP EPS to have grown 6% and 4%, respectively, in 2024. For 2025, they expect its revenue and GAAP EPS to rise 6% and 17%, respectively, as the macroeconomic environment improves and it expands its ecosystem. That stable growth indicates it can keep growing over the long term without eBay's support.

However, PayPal's stock still looks rather cheap by most metrics, and that's especially true considering how much progress the new management team has already made. With the company expected to report its year-end 2024 results on Feb. 4, now could be a great time to take a closer look.

The settlement detailed the missteps PayPal took in the lead-up to the attack and highlighted common risks — both on compliance and security — banks face.

According to Benzinga Pro, PYPL stock has gained over 37% in the past year. Investors can gain exposure to the stock via Global X FinTech ETF FINX. Also Read: Stargate Project: Microsoft Gains, Oracle Waits, Data Centers Face Long-Term Questions

TD Cowen raised the firm’s price target on PayPal (PYPL) to $90 from $78 and keeps a Hold rating on the shares. The firm said the continuation